Author: Ansh Singh

New Delhi: One of the largest corporate crashes of the year is Byjus, the now notorious edtech startup in India and a global unicorn. The company that was valued at billions of dollars several years ago have now found themselves in a tussle of debts, lawsuits, worker exits, and massive losses in their financial accounts. Byjus is an unexpected fall as the company was believed to be a star in the Indian startup industry. Millions of students moved to online learning platforms during the pandemic, and Byjus was very popular. The company received huge money investment by investors who were…

New Delhi: The IT sector in India that has been one of the strongest sectors in the country over the decades is currently experiencing a challenging period. A significant number of large IT firms began firing their staff members as they transition to AI automation. This shift has become possible due to the fact that now in artificially intelligent tools, it is possible to perform numerous tasks more quickly, cheaply and with reduced errors. Over a long period of time, the IT companies in India were reputed to offer software services, coding support, customer care and back-end services to international…

New Delhi: Following the announcement by Netflix on the purchase of Warner Bros Discovery, there were a lot of criticisms received across various sections of the globe. The concern raised by people is that the deal will monopolize the entertainment business. When a single company owns excessive shows, films, and characters, it could diminish the selection options of the audiences. The situation is monitored by the governments of some countries. The regulators fear that Netflix might acquire excessive power. They worry that the company might raise the prices or limit the content access. In Europe, Asia and even the US,…

New Delhi: IIT Bombay has also launched a new foundation known as BharatGen Technology Foundation that focuses on the development of AI tools in Indian languages. This is a significant step since most of the currently existing AI systems only communicate in English to the exclusion of millions of Indians who speak their local languages. The vision of the BharatGen is straightforward; simplify technology. A person could speak either Hindi, Marathi, Tamil, Gujarati, Bengali, or any other Indian language; nevertheless, they must be able to use AI tools without any inconveniences. Basing on this, IIT Bombay desires to create AI…

New Delhi: Meesho, the online store, was expected to be a success, but nobody was expecting that its IPO would be subscribed to in the first day. This rush request demonstrates the intensity of belief in people regarding the development of the company. According to many analysts, Meesho has transformed the manner in which small sellers and home enterprises do business in India, and this explains the excitement among the investors. Retail buyers, institutional investors, as well as foreign funds were interested in the IPO. Individuals were waiting in long digital lines to apply and by afternoon the word went…

New Delhi: Amazon has taken a major step in the race for artificial intelligence by raising 12 billion dollars to boost its global AI infrastructure. This new funding is expected to help Amazon build more powerful data centres, develop faster computing chips, and create better AI tools for businesses and developers around the world. The world is currently in a strong AI wave. Every big tech company, including Google, Microsoft, Meta, and Apple, is investing huge amounts of money in AI research. Amazon, which already runs one of the world’s largest cloud platforms, Amazon Web Services (AWS), wants to stay…

New Delhi: India is entering a new digital era, and one of the biggest reasons behind this change is the massive growth of data centres across the country. Over the next few years, India is expected to see a 100 billion dollar data centre boom, which experts believe will completely transform how we store, use, and protect digital information. A data centre is basically a huge building filled with servers. These servers store everything we do online, photos, videos, apps, bank details, office files, gaming data, and much more. Earlier, most companies used to depend on data centres in other…

New Delhi: This rocked the entertainment industry when Netflix decided to buy Warner Bros Discovery. This huge shift instantly turned into the largest news of the year in the world of entertainment. Netflix is an existing global streaming powerhouse that now hopes to add such hits of the Warner brand as DC Universe, HBO, Discovery documentaries and Cartoon Network to its portfolio. According to the company, the acquisition will enable them to increase their content base and get more subscribers. As competition increases through Amazon Prime, Netflix Disney Hotstar, and other streaming services, Netflix would prefer to remain on top…

New Delhi: Noel Tata, a major shareholder of the Tata family and half-brother of Ratan Tata, is gradually increasing his grip on Tata Sons, the holding company of the whole Tata Group. This has led to a heated controversy on the issue of corporate governance and future business leadership in one of the largest business houses in India. Noel Tata has assumed key positions within the group within the last few years. His increasing power is more noticeable following the last changes in the board and the negotiations concerning the succession planning. Noel Tata is being groomed into a better…

New Delhi: Moore Threads, a fast-growing Chinese graphics chip company, shocked the global stock market with an unbelievable IPO debut. On the very first day of listing, its share price shot up over four hundred percent, leaving investors amazed. This rare jump has now become one of the biggest IPO day gains seen in the tech industry this year. Moore Threads works in a very hot sector—graphics processing units (GPUs). GPUs are used for gaming, video editing, animation, AI tools, and even data centre servers. Right now, the whole world is facing a huge demand for GPUs because artificial intelligence…